Every year comes with new challenges and cyber threats as cybercriminals get exposure to new and dwelling technologies. Where these new technologies are meant to introduce more ease, comfort, and success in the life of humans, cybercriminals use them to bring havoc in the businesses and disrupt human life. Although every company of every industry is at a stake due to these dangerous people the financial industry is always on the top as it can be targeted for direct transfer of money. Although the majority of the financial services providers are using the services of an independent software testing company to find out bugs and loopholes in their system and software, what is new to deal with this year?
Cybercrime in 2020
The year 2020 was supposed to be the best year in cybersecurity with artificial intelligence, machine learning, bots, and a lot of other new technology by the human’s side. However, it has turned out to be no better than in other years. Where cybercriminals were ready to launch new attacks at different organizations, lockdown in almost all over the world due to the Coronavirus spread has made things easier for these internet mafias. Due to a lot of people working from home, it has become difficult for the financial services organizations to guard their systems and keep their data secure.
How to Save Your Finance Business from Cybercriminals?
With the growing number of cybercrime incidents, we are sure you would love to know some ways you can save your company and your customers from these attackers. Luckily, there is a way for you to avoid this whole situation.
Every independent software testing company can help you deal with these situations long before they even happen. If you have an idea about the importance of these companies, you must be interested in knowing about what good these companies can do for your business. Here are the reasons why your company needs to be tested by a good software testing company:
Identification of Loopholes
No software or system is perfect hence, it has to go through multiple checking and updating phases. Your software or system of financial services is no different. How do you think a cybercriminal gets into your system? Apart from manipulating humans through phishing, cybercriminals get into your system by hit and trial and finding vulnerabilities left open. Having your system tested by a software testing company ensures that every possible vulnerability and loophole is identified before it is caught by any cybercriminal lurking on the dark web. You can do it in-house as well but software testing companies house people who have been doing this for years and have every trick up their sleeves, which is a great benefit when coming face to face with such huge threats.
Fixing Identified Loopholes
The journey of a software testing company making you secure does not end here. Once they have a list of the vulnerabilities in their hands, they define the priorities of all these issues and start planning to fix them all. All of these issues are opened one by one, tested multiple times with inputs and expected outputs, observed where the code is not performing well, and then ways are generated to fix all these issues. Once it is done, all these vulnerabilities are tested again to ensure every loophole is sealed well and is impossible for the cybercriminals to breakthrough.
Making Your Software Efficient
Who does not like to have efficient and faster software? Every company dreams about such software. However, maintaining such software is not what every company would like to do. Apart from adding an extra layer of protection and security for your company, software testing companies give your software and system a much-needed boost of efficiency and accuracy. Your software is tested for all the minor bugs that can make things messier on a huge level. All these bugs are fixed so by the end of the day, your software is doing perfectly fine and gives even better output than before.
Building Trust with Customers
In this digital world, customers have the power of knowledge as the internet is the free source of learning about just anything. They know how you can make your financial services even securer and safer for them. They are also aware of the licenses and certifications you must own to maintain a good level of security. In such a situation where customers are already asking for transparency, do you believe you can ditch your customers and not provide them enough of the right information? You would be making a huge mistake thinking that. Getting in touch with an independent software testing company can increase the love and trust between you and your customers.
